P/E ratio for Berry Global (BERY)
P/E ratio as of April 2024 (TTM): 10.5
According to Berry Global 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.4879. At the end of 2022 the company had a P/E ratio of 10.3.
P/E ratio history for Berry Global from 2012 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 10.3 | -25.21% |
| 2021 | 13.8 | 18.32% |
| 2020 | 11.6 | -32.39% |
| 2019 | 17.2 | 16.21% |
| 2018 | 14.8 | -12.68% |
| 2017 | 17.0 | -18.92% |
| 2016 | 20.9 | -63% |
| 2015 | 56.5 | 5.72% |
| 2014 | 53.5 | 43.86% |
| 2013 | 37.2 | -32.04% |
| 2012 | 54.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Dow DOW | 30.7 | 192.73% | 🇺🇸 USA |
 3M MMM | -6.86 | -165.39% | 🇺🇸 USA |
 Sealed Air
SEE | 14.6 | 38.92% | 🇺🇸 USA |
 Silgan Holdings
SLGN | 17.9 | 71.12% | 🇺🇸 USA |
 Tredegar TG | -9.66 | -192.07% | 🇺🇸 USA |
 AptarGroup ATR | 32.4 | 209.18% | 🇺🇸 USA |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.